SYSCO CORP
For the period ended Jun 29, 2024. Filed Aug 28, 2024.
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FY2024 · Filed Aug 28, 2024
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Item 2. Properties
The table below shows the number of distribution facilities occupied by Sysco in each country and the aggregate square footage devoted to cold and dry storage as of June 29, 2024.
| Location | Number of Facilities | Square Feet(in thousands) | Segment Served (1) |
|---|---|---|---|
| Bahamas | 1 | 192 | I |
| Belgium | 1 | 200 | I |
| Canada | 28 | 4,250 | I, O |
| Costa Rica | 1 | 188 | I |
| France | 42 | 3,015 | I |
| Ireland and Northern Ireland | 8 | 833 | I |
| Mexico | 6 | 288 | I |
| Panama | 1 | 44 | I |
| Sweden | 6 | 934 | I |
| United Kingdom | 42 | 2,435 | I |
| United States and its territories (2) | 204 | 44,226 | U, I, S, O |
| Totals | 340 | 56,605 |
| (1) | Segments served include U.S. Foodservice (U), International Foodservice (I), SYGMA (S), and Other (O). |
| (2) | California, Florida, Texas, and Illinois account for 27, 18, 15, and 12 respectively, of the facilities located in the U.S. |
We own approximately 40,100,000 square feet of our distribution facilities (or 70.8% of the total square feet), and the remainder is occupied under leases expiring at various dates from fiscal 2025 to fiscal 2050, exclusive of renewal options.
Within our Latin American operations, we operate 17 cash and carry facilities and five warehouse and storage facilities in Costa Rica and six cash and carry facilities and one warehouse and storage facility in Panama.
We own our approximately 634,000 square foot headquarters office complex in Houston, Texas.
We are currently constructing expansions or build-outs for various distribution facilities in the United States and Europe. The various operating sites undergoing significant construction, in the aggregate, contributed approximately 6% of fiscal 2024 sales.
As of June 29, 2024, our fleet of approximately 18,000 delivery vehicles consisted of tractor and trailer combinations, vans and panel trucks, most of which are either wholly or partially refrigerated for the transportation of frozen or perishable foods. We own approximately 90% of these vehicles and lease the remainder.
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